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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago, 4 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Question # 1: Charles Giles worked 46 hours during this pay week. He is paid time and a half for hours over 40 and his pay rate is $17.90/hour. What was his overtime premium pay for this workweek?
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Use the following information to answer Questions 2, 3 & 4:
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The totals from the first payroll of the year are shown below.
Total Pay = $36, 195.10
FICA/OASDI = $ 2,244.10
FICA/HI = $ 524.83
FIT W/H = $ 6,515.00
State Tax W/H = $ 361.95
Union Dues = $ 500.00
Net Pay = $ 26,049.22
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Question # 2: Journalize the entry to record the payroll.
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Question # 3: Journalize the entry to record the employer s payroll taxes (assume a SUTA rate of 3.7%).
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Question # 4: Journalize the entry to deposit the FICA and FIT taxes.
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